The primary goal of this paper is to efficiently recover consistent markups from firm-level production technology under cost minimization settings in order to document the relationship between unobserved idiosyncratic productivity shocks and endogenous markups.
In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading.
This project studies a randomized, large-scale unconditional cash transfer program in Kenya, and find a meaningful increase in revenues for enterprises in areas experiencing a greater volume of cash transfers.
In many experimental contexts, whether and how network interactions impact outcomes of both treated and untreated individuals are key concerns. Networks data is often assumed to perfectly represent the set of individuals who might be affected by these interactions.
A detailed survey of the Indian brick industry shows substantial productivity dispersion, attributable to both technology differences as well as within-technology efficiency variation.